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Business Headlines

Curated news from Bloomberg Business

Business Headlines

published Sep 21, 2017 4:00:00 PM, by Stephen Stapczynski (Bloomberg) — China is becoming the testing ground for a new breed of nuclear power stations designed to be safer and cheaper, as scientists from the U.S. and other Western nations find it difficult to raise enough money to build experimental

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Business Headlines

published Sep 21, 2017 4:05:20 PM, by Mark Gurman (Bloomberg) — Despite the strength of its brand, Apple Inc. occasionally releases a product to mediocre reviews – remember the original Apple TV or Apple Watch? But reviewers have rarely been as grumpy as this month, when Apple unveiled its collection of new

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Business Headlines

published Sep 20, 2017, 3:05:16 PM, by Jessica Summers (Bloomberg) — Oil closed above $50 a barrel for the first time since July as a drop in fuel supplies became the latest positive nudge following brightening demand prospects and signals that OPEC will intensify output cuts. Futures jumped 1.9 percent

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Business Headlines

published Sep 20, 2017, 2:53:05 PM, by Alex Webb (Bloomberg) — Apple Inc. shares fell the most in more than a month after an analyst said demand for the iPhone 8 is “substantially lower” than for earlier models of the world’s best-selling smartphone. Pre-order volumes in the U.S. for the

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Business Headlines

published Sep 20, 2017, 1:50:35 PM, by Svenja O’Donnell and Robert Hutton (Bloomberg) —Prime Minister Theresa May said the U.K. will withhold part of its funding to the United Nations unless it delivers reforms. Britain will set aside 30 million pounds ($40.5 million) of its 90 million-pound membership fee which

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Business Headlines

published Sep 19, 2017, 6:32:00 PM, by Shannon Pettypiece and Kevin Cirilli (Bloomberg) —President Donald Trump will use money donated to his campaign and the Republican National Committee to pay for his personal legal bills related to investigations into his campaign’s ties to Russia, two people familiar with the matter

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Business Headlines

published Sep 19, 2017, 6:00:00 PM, by Jack Farchy and Elena Mazneva (Bloomberg) —Russia’s state-owned nuclear corporation is joining the lithium rush. After a collapse in the price of uranium, Rosatom Corp. plans to start mining and trading the metal used in batteries as it seeks to profit from the

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Business Headlines

published Sep 18, 2017, 4:03:32 PM, by Tyler Cowen (Bloomberg View) —The Republicans are making yet another run at repealing Obamacare, this time with a bill sponsored by Republican senators Lindsey Graham, of South Carolina, and Bill Cassidy, of Louisiana. While this legislation doesn’t seem workable in its current form,

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Business Headlines

published Sep 18, 2017, 5:00:01 PM, by Olivier Monnier (Bloomberg) —Kadi Bah saw people starving in the Sahara desert and drowning in the Mediterranean during her failed six-month odyssey to reach Europe. But as soon as the United Nations plane bringing her back home from Libya to Ivory Coast touched

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Business Headlines

published Sep 18, 2017, 6:00:00 PM, by Jessica Summers and Barbara Powell (Bloomberg) —Three weeks after Hurricane Harvey ravaged the massive fuel-making industry along the Texas coast, the region’s recovery from storm damage is starting to disrupt plans for crucial maintenance at refineries thousands of miles away from the flood

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